Quarterly report pursuant to Section 13 or 15(d)

Equipment and Improvements

v3.24.3
Equipment and Improvements
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Equipment and Improvements
6.
Equipment and Improvements

 

Equipment and Improvements, net

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Furniture and office equipment

 

$

86,930

 

 

$

86,930

 

IT equipment

 

 

16,895

 

 

 

16,895

 

 

 

 

103,825

 

 

 

103,825

 

    Less: Accumulated depreciation

 

 

50,158

 

 

 

30,453

 

Total

 

$

53,667

 

 

$

73,372

 

 

Depreciation expense for the three and nine months ended September 30, 2024 was $6,568 and $19,705, respectively. Depreciation expense for the three and nine months ended September 30, 2023 was $6,568 and $170,830, respectively.